property in Spain - take a look again!
smart investors and property buyers know that there are always good deals out there. You just need to know where to look.
Property in Spain has performed superbly over the last decade with continued annual price increases. Experts suggest that the growth years are over, but like in any market if you buy at the right price and in the right location, there is money to be made.
Spain in a big country, so sweeping generalizations about investment potential can be misleading. SPC Overseas believes that the area around the fabulous city of Granada offers excellent medium to long term investment prospects. The Medina Elvira group of developments, with a ten years genuine rental guarantee programme, has captured the imaginations of investors and tour operators alike. Selected projects on the Costa de la Luz and Jerez region also offer good potential, particularly on the fabulous Monte Castillo Golf complex.
Costa del Sol property, apartments in Marbella and the Malaga province generally have seen huge growth over the years. The lower end of the market is saturated, so cash rich hard bargaining investors and patient holiday home buyers can pick up some good deals. On the higher end of the market, whilst deals are out there, the old adage of 'good property, well located, will always get its price' stands true.
Stretching from Malaga the east to Gibraltar in the west, the Costa del Sol boasts over 325 days of sunshine each year, a warm sea temperature averaging 20 degrees, over 50 championship golf courses, and some of the most picturesque scenery in Spain. It is no wonder that Costa del Sol properties and especially villas in Marbella have made this a favourite destination for many. Malaga is the capital of the province and this area has far more to offer than just expensive villas in Marbella. The infrastructure is second to none and with all the different types of properties for sale on the Costa del Sol, there really is something for everyone. Despite most people's perceptions, there is plenty of affordable properties in the Costa del Sol for sale. Like anything, you just need to know where to look.
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24th July 2008
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